Cruz de Campo Solar PV Park 1 is a 48.5MW solar PV power project. It is planned in Portugal. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 48.5 | – | 48.5 | Permitting | Portugal | Hyperion Renewables |
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Description
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The project is being developed and currently owned by Hyperion Renewables. The company has a stake of 100%.
Cruz de Campo Solar PV Park 1 is a ground-mounted solar project.
The project cost is expected to be around $62.565m.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About Hyperion Renewables
Hyperion Renewables (Hyperion) is a renewable energy company which develops and operates large scale solar energy projects including photovoltaic (PV) plants, concentrating solar power (CSP) and concentrating photovoltaic (CPV) applications. The company offers project development, plant engineering, procurement and construction (EPC) management, project finance, renewable investments, power purchase agreement (PPA) advisory, asset management, technical consulting and auditing services, operation and maintenance works, among others. Its project portfolio includes Helios I & Helios II CSP Park, Coruche PV, Pereiros PV, Fanhoes & Sacavem Solar Park, Vale de Moura PV Park. The company has operation with unsubsidized solar plants in Iberia. Hyperion is headquartered in Lisboa, Portugal.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
